Economy

Upper West and Upper East lead in food and non-food inflation rates for August 2024

A woman selling tomatoes in a market in Dedza, Malawi, along the border with Mozambique.
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The Upper West and Upper East regions of Ghana recorded the highest food and non-food inflation rates for August 2024, with food inflation reaching 41.5 per cent and non-food inflation standing at 31.9 per cent.

This data was released by the Ghana Statistical Service in its Consumer Price Index and Inflation report for the month.

Following closely behind, the Savannah and Bono East regions posted food inflation rates of 31.9 per cent and 30.0 per cent, respectively. In the non-food category, the Northern and Ashanti regions recorded 25.0 per cent and 23.8 per cent, placing them in second and third positions.

In food inflation, the Eastern, Upper East, Ahafo, and Greater Accra regions ranked fourth to seventh with rates of 24.5 per cent, 22.6 per cent, 21.8 per cent, and 20.9 per cent, respectively. For non-food inflation, the Western, Western North, Greater Accra, and Bono regions secured fourth through seventh positions with rates of 23.2 per cent, 22.3 per cent, 21.9 per cent, and 21.5 per cent.

The Central, Oti, Northern, Bono, and Ashanti regions posted food inflation rates between 20.9 per cent and 15.2 per cent, placing them in the eighth to twelfth positions. For non-food inflation, Central, Savannah, Volta, Eastern, and Bono East reported rates ranging from 21.1 per cent to 15.6 per cent, ranking eighth to twelfth.

Western North, Volta, Western, and North East recorded the lowest food inflation, ranging from 15.1 per cent to 4.9 per cent. In the non-food inflation category, Ahafo, North East, Oti, and Upper West were at the bottom with rates between 15.3 per cent and 13.1 per cent.

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